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Overwhelmed with debt

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QUESTION: I have a big debt problem and I have several loans. I’ve been trying to pay them, but it has been overwhelming me. What is a good way to pay my huge debt?—Asked via e-mail, name withheld upon request.

Posted: July 23rd, 2014 in Columnists,Inquirer Columns | Read More »

GSIS extends moratorium on debt payments for members affected by Yolanda

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Screengrab from www.gsis.gov.ph

The Government Service Insurance System (GSIS) has extended the moratorium on debt payments by members affected by super typhoon Yolanda, giving them and their families more time and resources to rebuild their lives.

Posted: May 9th, 2014 in Latest Business Stories | Read More »

Gov’t spent less to settle debt in Q1

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The government spent P225.3 billion in the first quarter to settle its debt—14 percent less than the P261.2 billion disbursed in the same period last year, according to the Bureau of Treasury (BTr).

Posted: May 4th, 2013 in Headlines | Read More »

Gov’t debt payment in Jan.-Feb. down 11%

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The government spent P174.3 billion in the first two months this year to pay its debts.

Posted: April 8th, 2013 in Headlines | Read More »

Gov’t spent P622B as of Oct. to bring down debt

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The Bureau of Treasury reported that the Philippines’ total debt payment in the first four months of 2012 was down 14 percent at P299.81 billion compared with the P350.29 billion paid in the same period last year.

The government spent P622 billion in the first 10 months of the year to pay debts, as part of the administration’s commitment to improve the country’s credit profile and secure an investment rating for the Philippines.

Posted: December 7th, 2012 in Latest Business Stories | Read More »

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